Answer the Following Question(s)using the Information Below

question 126

Multiple Choice

Answer the following question(s) using the information below.Eco Furniture Ltd.makes wooden furniture.One of their products is a wooden desk.The exterior is made of walnut, a high quality wood, but the interior drawers are made of pine, a less expensive wood.The budgeted direct materials quantities and prices for one desk are:
During the month of November 600 desks were produced.The actual material volume and costs were:

-What is the direct materials mix variance for pine?

• A)$9,250 F
• B)$6,500 U
• C)$7,125 U
• D)$8,650 F
• E)$5,750 U

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A legal or social recognition of a person's relationship status, such as single, married, divorced, or widowed.

Unemployment Tax

Taxes imposed on employers by government agencies to fund unemployment insurance and compensation programs for workers who have lost their jobs.

Social Security Tax

Taxes collected by governments from employees and employers to fund the social security program, supporting retirees, disabled persons, and survivors.

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A financial obligation or loan evidenced by a promissory note, specifying terms such as the repayment schedule, interest, and maturity date.